Commercial Project Manager (Finance)

Project Management:

• Lead and manage projects throughout the entire project life cycle.
• Active involvement in sales and project initiation phases, including customer requirements analysis, commercial and contractual feasibility assessment, and ECC matters.
• Review and evaluation of contract conditions, including legal scrutiny.
• Conduct commercial project status meetings with stakeholders.
• Ensure the correct methodology for evaluating risks and opportunities is applied.
• Identify, evaluate, assess risks and opportunities, and develop appropriate response strategies.
• Ensure adherence to regulations, including the role of the CPM as per FRG, NCM guidelines, and specific regulations.
• Coordinate onshore and offshore allocations with the Project Manager.
• Ensure compliance with internal controls (RIC), including ICFR.
• Project Finances:
• Verify cost and pricing calculations and maintain accurate project books and records, including SAP data.
• Prepare commercial documentation for regular project status meetings and ensure data accuracy (FC, MIKA, cash flow).
• Manage asset management and initiate invoicing per project progress and contractual terms.
• Ensure compliance with Siemens FRG and local GAAP requirements.
• Oversee the application and management of financial guarantees, bonds, and project securities.
• Support the PM in identifying and minimizing non-conformance costs and implementing lessons learned.

Risk, Contract, and Claims Management

• Ensure compliance with LoA guidelines for commercial aspects and risk management processes.
• Participate in contract/claim/change order negotiations for commercial aspects.
• Establish a contract and claim management framework, involving the assigned CM when necessary.
• Summarize critical and legal elements, ensuring their consideration in partner/subcontractor contracts.
• Identify, assess, respond to, monitor, report, and escalate all commercial risks, such as calculations, tax, insurances, and currency.
• Communicate relevant commercial contractual obligations/conditions to project team members.
• Participate in the Change Management Authority (change control board) for change request review and approval.
• Perform credit risk analysis for potential customers, in collaboration with Global Procurement for suppliers.

Compliance to Standards, Rules, and Regulations:

• Lead project members to adhere to Business Conduct Guidelines and promote a culture of trust and integrity.
• Ensure compliance with relevant tax regulations, including PATAC, NCM, and PE management.
• Compliance with export control regulations.
• Adherence to hedging/currency regulations.
• Support PM in establishing a framework for regular compliance checks in the project.

• Qualified CA / ICWA / CMA / MBA - finance or related field.
• Proven Six to Eight Years of experience in commercial project management.
• Strong understanding of financial principles and project management methodologies.
• Excellent negotiation and contract management skills.
• Familiarity with relevant regulations and compliance standards
• Leadership and team management capabilities.
• Exceptional problem-solving and analytical skills.
• Proficiency in SAP and Microsoft Office Suite.
• Strong communication and interpersonal skills